Good Times Restaurants Inc. : Good Times' Sales Keep on Cookin'
03/06/2013| 09:35am US/Eastern
Times Restaurants Inc. (NASDAQ: GTIM) today announced its same store
sales increased 11.7% for the same 28 days of February versus the same
period last year. Factoring in the extra day in February last year, same
store sales for the month increased 7.5%. The increases were on top of
last year's 6% same store sales increase, continuing the Company's three
year monthly comparable sales increase trend of over 20%.
Nicholas Corbishley, Director of Marketing for Good Times said, "Despite
lost sales to a major storm in the last week of February, we were able
to maintain our sales momentum. Breakfast sales are booming and we're
teeing up our rollout of Hand-Breaded, All Natural Springer Mountain
Farms Chicken Tenders for this month, which have almost doubled the
category's sales in test without any promotional activity."
The company reiterated its plan for a new creative platform for a
television ad campaign that will tell the story of the new Springer
Mountain Farms All Natural Chicken Tenderloin introduction, its Meyer
Natural Angus All Natural Angus beef and its Hatch Valley New Mexico
Green Chile Breakfast Burritos. Corbishley added, "We continue to drive
innovation in each of our menu categories supporting the brand's
umbrella strategy of fresh, all natural, hand crafted food. The
television campaign will reinforce the efforts we go to in order to find
the highest quality ingredients that we can provide at relevant pricing
to our customers."
Meyer Natural Angus is the only major beef brand that has earned both
the Certified Humane designation for its animal husbandry practices and
the American Culinary Federation's Seal of Approval for superior
quality. The cattle are fed a vegetarian diet of grasses and grains, and
are never given hormones or antibiotics. Meyer also verifies the origins
of its cattle and ensures they are born, raised, fed and processed
solely in the United States.
Springer Mountain Farms Chicken is the first poultry company in the
world to be American Humane Certified by the American Humane Association.
Their chickens are not only 100% All Natural with no steroids or
hormones, but also are produced with no antibiotics. All of their
chickens are fed solely a pesticide free, vegetarian diet.
Good Times is a regional chain of quick service restaurants located
primarily in Colorado providing a menu of high quality all natural
hamburgers, 100% all natural tenderloin sandwiches, fresh frozen
custard, fresh cut fries, fresh lemonades and other unique offerings.
Good Times currently operates and franchises 39 restaurants.
This press release contains forward looking statements within the
meaning of federal securities laws. The words "intend," "may,"
"believe," "will," "should," "anticipate," "expect," "seek" and similar
expressions are intended to identify forward looking statements. These
statements involve known and unknown risks, which may cause Good Times'
actual results to differ materially from results expressed or implied by
the forward looking statements. These risks include such factors as the
uncertain nature of current restaurant development plans and the ability
to implement those plans, delays in developing and opening new
restaurants because of weather, local permitting or other reasons,
increased competition, cost increases or shortages in raw food products,
and other matters discussed under the "Risk Factors" section of Good
Times' Annual Report on Form 10-K for the fiscal year ended September
30, 2012 filed with the SEC. Although Good Times may from time to time
voluntarily update its forward looking statements, it disclaims any
commitment to do so except as required by securities laws.
Good Times Restaurants Inc.
E. Hoback, 303-384-1411
President and CEO
© Business Wire 2013